Canara Bank Bengaluru
Last Updated : Feb. 3, 2017, 11:54 a.m.
About Canara Bank
Canara Bank was set up in 1906 in the small town of Karnataka named Mangalore. The bank has developed since then and has opened many branches across the country. The bank has moved a long way since its operational and with the help of technology, it has succeeded to make an impact in the overall growth of the country. The main focus of the bank is to achieve the customer satisfaction. The bank was established with the motto to inculcate the habit of saving among the people and help the needy. The bank still looks up to those ideologies and wants to make sure that people from all walks of life get the benefit of the banking facilities. The bank is thriving to make the mark internationally by providing the best and efficient services to its customers through the vibrant, enthusiastic and professional work- force.
Canara Bank has included all types of the services and took the first step among other banks to introduce the credit card for farmers and likewise, there are a number of achievements of the bank that they have done in the past century. The bank is striving hard to maintain its customer base and works with the ethics and values. The aim of the bank is to reach to as many people as possible and pursue the benchmark set globally with utmost dedication and enhance the money of the customer and its shareholder.
Address of Canara Bank Branches in Bengaluru
| Branch Name | Address | IFSC Code | MICR | Contact Details | |||
|---|---|---|---|---|---|---|---|
| Bs&Ca Section, Ho, Bangalore | Canara Bank, 112, J C Road, Head Office, Bangalore - 560001 | CNRB0000401 | 560015997 | 080-22238867 | |||
| Bangalore Avenue Road | 102, 103, 104 - 110, Pb No 6588, Avenue Road, , Bangalore 560002 | CNRB0000402 | 560015005 | 080 - 2215925 | |||
| Bangalore Basavanagudi | Pb No.493, 180/1, Gandhi Bazar, Basavanagudi, Bangalore 560004 | CNRB0000403 | 560015032 | 080 - 26522933 | |||
| Bangalore Cantonment | 88, Mahatma Gandhi Road, , Cantonment, , Bangalore 560001 | CNRB0000404 | 560015009 | 080 - 25589502 | |||
| Bangalore Chamrajpet | No.6, 2nd Main 2nd Cross, , Chamrajpet, , Bangalore 560018 | CNRB0000405 | 560015010 | 080 - 2527704 | |||
| Bangalore Chickpet | 126 To 129, Balepet/Chickpet, (NEXT To Udupi Krishna Bhavan), Bangalore | CNRB0000406 | 560015011 | 080 - 22871182 | |||
| Bangalore Fraser Town | 86/3, Coles Road, , Frazer Town, , Bangalore 560005 | CNRB0000407 | 560015017 | 080 - 25363723 | |||
| Bangalore Jayanagar Shop Comp | Pb No.1611, Jayanagar Shopping, Complex, Eastern Side, , Bangalore 560011 | CNRB0000408 | 560015030 | 080 - 26630751 | |||
| ?bangalore Malleswaram | Pb No.307, 38 & 39, , Vth Cross Rd, Malleswaram, Bangalore 560003 | CNRB0000409 | 560015072 | 080 - 23444636 | |||
| Bangalore Narasimharaja Road | Pb No.6668, Jamia Complex, , Narasimharaja Road, , Bangalore 560002 | CNRB0000410 | 560015041 | 080 - 26701637 | |||
| Bangalore Rajaji Ngr Iii Block | 628, 629, Iii Block, , Rajajinagar, , Bangalore 560010 | CNRB0000411 | 560015047 | 080 - 23350732 | |||
| Bangalore Majestic | World Trade Centre, , Fkcci Building, K G Road, , Bangalore 560009 | CNRB0000412 | 560015071 | 080 - 22268446 | |||
| Bangalore Town Hall | P B No.6867, 112, J.C. Road, Bangalore 560002 | CNRB0000413 | 560015058 | 080 - 22238186 | |||
| Bangalore Visweswarapuram | P B No.490, 550, Diagonal Rd, , Visweswarapuram, Bangalore 560004 | CNRB0000413 | 560015058 | 080 - 26619038 | |||
| Bangalore Hal 2nd Stage | No.22, I Floor, 80 Feet Road, , H A L Iii Stage, Bangalore 560038 | CNRB0000415 | 560015019 | 080 - 25291328 |
Products Offered by the Canara Bank in Bengaluru
Canara Bank has been successful in providing the world- class products and services to the customer since a century and still continues to be one of the best in customer satisfaction. The bank offers all kind of loan products and all the latest services to cater the needs and requirement of the different section of te society. The products offered by the Canara bank are the home loan, fixed deposit, loan against property, personal loan, gold loan etc.
Basic details about Canara Bank products
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | The age of the applicant should be between 18 - 65 years Salaried individuals with minimum 3 years experience Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years | For salaried Individuals - Up to 4 years gross salary Self-Employed Individuals & Business person- Up to 4 years gross annual income For repairs & renovations - Up to ₹ 15 lacs | 8.85% - 11.25% | 0.50% of the loan amount | Up to 30 years or until attaining age of 70 years |
| Personal Loan | Permanent employees of reputed PSUs and Joint Stock Companies Confirmed Central / State Government officials Lecturers / Asst. Professors / Professors of Colleges / Research Institutions and Universities The salary account of the employee should be maintained with the branch The minimum net salary should not be less than 25% or Rs.10,000/- per month whichever is higher | Salaried - 6 month’s gross salary or ₹ 3,00,000 whichever is lower | 11.75% - 16.25% | 0.5% of the loan amount | Up to 5 years |
| Vehicle Loan | Eligible Segments - Individuals, professionals, reputed firms and companies Minimum annual gross salary of the individuals should ₹ 3 lacs The non-individuals candidates should have minimum gross income of ₹ 3 lacs per month | New Car - No maximum limit Used Car - 75% of the agreed value | 7.30% Onwards | 0.25% of the loan amount | For new vehicles - 7 years For used vehicles - 5 years |
| Loan Against Property | Existing customers having satisfactory dealing with the bank New customers with healthy credit history | Up to 50% of the property value or maximum ₹ 10 crores | 9.95 - 14.90% p.a. | 1% of the loan amount | Up to 7 years |
| Gold Loan | Existing Saving Bank customers or new customers properly introduced | Minimum - ₹ 10,00,000 Maximum - ₹ 10,00,000 | 11.75% p.a. | 1% of the loan amount | Within 12 months |
| Fixed Deposit | Individual Joint (max. 4 people) A guardian on behalf of a minor HUF Partnership Firm A company Association or any other Institution | Minimum - ₹ 1,000 Maximum - No predetermined limit | 2.90% - 5.75% | - | 15 days - 10 years 7 days - 14 days only on single deposit of ₹ 5 lakhs & above |
Documents Required
The documents required by Canara Bank Bengaluru for different products are mentioned in the table below:
| Products | Documents Required |
|---|---|
| Product | Loan Application with 2 passport size photos of applicant / guarantor Sale Deed Agreement for Sale Copy of the approved plan for the proposed construction/extension/addition Detailed cost estimate/valuation report from Bank's Panel Chartered Engineer/Architect Allotment letter of Co-operative Housing Society/ Apartment Owners' Association/Housing Board/NOC from the Society/Association/Builders/Housing Board Legal Scrutiny Report, EC for the past 13 years, Property Tax paid receipt, Khata and permission for mortgage, wherever necessary Salary Certificate and Form No.16 (in case of salaried persons) IT Returns filed for the past two years (in case of non-salaried persons) A brief note on the nature of business, year of establishment, type of organization, etc., (in case of self-employed) Balance Sheet and P&L Account for the past three years (in case of self-employed) |
| Home Loan | Loan Application with 2 copies of passport size photographs Latest Salary Certificate and Form No.16 / ITR/ITAO for last 3 years. Co-obligation Pronote /Pro-note Covering Letter |
| Personal Loan | Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible) Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy. Proof of Income: Latest salary slip with form 16 Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹ 4,50,000 per annum/ Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company/ Latest ITR Bank Statement: Last 6 months |
| Vehicle Loan | Duly filled Loan Application with passport size photographs - 2 copies each Copy of lease deed Income proof of the applicant and guarantor Income Tax Assessment Order / IT Returns Title deeds of the property / EC, latest tax paid receipt / Legal Scrutiny Report Approved plan of building Certificate of balance if finance is availed against property from any other source Annual Financial Statements for the past 2 years (in case of persons other than salaried individuals) |
| Loan Against Property | Application for Swarna Loan Certificate by the Jewel Appraiser Salary Certificate and Form No.16 / Income Proof |
| Gold Loans | Application form Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card) 2 Photographs of Depositor/s Identity Proof and Address Proof Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc. |
| Fixed Deposit | Application form Copy of PAN Card / Form 60 or 61 (in case the customer does not have PAN Card) 2 Photographs of Depositor/s Identity Proof and Address Proof Any other related documents as applicable to proprietorship concern, Partnership Firm, Company, HUF etc. |